SEC Form 4 · accession 0001179110-19-001816
Angi Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Allison Lowrie
Officer — CMO
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 4:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001705110
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.001F1 | Feb 12, 2019 | M | 14,516 | $0.98 | A | 14,516 | D | |
| Class A Common Stock, par value $0.001F2 | Feb 12, 2019 | D | 838 | $17.09 | D | 13,678 | D | |
| Class A Common Stock, par value $0.001F3 | Feb 12, 2019 | F | 3,960 | $17.09 | D | 9,718 | D | |
| Class A Common Stock, par value $0.001F4 | Feb 12, 2019 | S | 9,718 | $17.12 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | $0.00 | Feb 11, 2019 | A | 234,466 | A | Feb 11, 2020 | Feb 11, 2023 | Class A Common Stock, par value $0.001 | 234,466 | 234,466 | D |
| Stock Appreciation RightsF6 | $0.98 | Feb 12, 2019 | M | 14,516 | D | Sep 29, 2017 | Apr 30, 2020 | Class A Common Stock, par value $0.001 | 14,516 | 871,011 | D |
Explanation of responses
- F1Represents shares of Class A Common Stock acquired/deemed to be acquired in connection with the exercise of stock appreciation rights (see footnote 6).
- F2Represents shares of Class A Common Stock deemed to be simultaneously sold back to ANGI Homeservices in connection with the exercise of stock appreciation rights (see footnote 6).
- F3Represent shares withheld to cover taxes due in connection with exercise of stock appreciation rights (see footnote 6).
- F4Reflects the sale of shares of Class A Common Stock effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2018 (the "Plan"). The Plan covers shares of Class A Common Stock to be acquired upon the exercise of 696,806 stock appreciation rights during the period commencing on January 22, 2019 and ending on January 16, 2020.
- F5Represents restricted stock units, 117,233 of which vest on February 11, 2021, 58,616 of which vest on February 11, 2022 and 58,617 of which vest on February 11, 2023.
- F6Represents 871,011 vested stock appreciation rights.